Reed's closes $5M PIPE of 5M shares at $1; director Edwards resigns, Tu appointed

REED'S, INC.

Raised $5.0M gross via private placement of 5M shares at $1.00/share to six accredited investors; closed Sept 15, 2025.
Proceeds to be used for working capital and general corporate purposes.
Director Randle Lee Edwards resigned effective Sept 10, 2025; no disagreement with company.
Board appointed Michael Tu to fill vacancy; Tu will serve on Audit, Compensation, and Governance Committees.
Shares issued under Section 4(a)(2) and Rule 506(b) exemption; registration rights agreement requires resale registration within 15 days.

item 1.01 item 3.02 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

REED'S, INC. issued 5,000,000 shares of common stock to six accredited investors for $1.00 per Share.

Security: common stock
Shares: 5,000,000 shares
Purchaser: six accredited investors
Consideration: $1.00 per Share

Exact text from the filing

On September 12, 2025, Reed’s, Inc., a Delaware corporation (the “ Company ”), entered into a securities purchase agreement (the “ Purchase Agreement ”) with six accredited investors for the issuance and sale in a private placement (the “ Private Placement ”) of 5,000,000 shares (the “ Shares ”) of common stock, $0.0001 par value per share, at a purchase price of $1.00 per Share, for aggregate gross proceeds of $5.0 million.

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REED'S, INC. filing history →

Source: SEC EDGAR

accession 0001493152-25-013710

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